Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011	Dec. 31, 2010
ASSETS:
Cash and Cash Equivalents	$ 59,793	$ 81,208
Restricted cash	41,334	41,923
Mortgage loans held for sale	57,275	43,312
Inventory	466,772	450,936
Property and equipment - net	14,358	16,554
Investment in Unconsolidated LLCs	10,357	10,589
Other assets	14,596	17,372
TOTAL ASSETS	664,485	661,894
LIABILITIES:
Accounts payable	41,256	29,030
Customer deposits	4,181	3,017
Other liabilities	39,348	42,116
Community development district obligations	5,983	7,112
Obligation for consolidated inventory not owned	2,944	468
Note payable bank - financial services operations	52,606	32,197
Note payable - other	5,801	5,853
Senior notes	239,016	238,610
TOTAL LIABILITIES	391,135	358,403
Commitments and contingencies	0	0
SHAREHOLDERS' EQUITY:
Preferred shares — $.01 par value; authorized 2,000,000 shares; issued 4,000 shares	96,325	96,325
Common shares — $.01 par value; authorized 38,000,000 shares; issued 22,101,723 shares at both December 31, 2011 and 2010	221	221
Additional paid-in capital	139,943	140,418
Retained earnings	103,701	137,578
Treasury shares — at cost — 3,365,366 and 3,577,388 shares, respectively, at December 31, 2011 and 2010	(66,840)	(71,051)
TOTAL SHAREHOLDERS' EQUITY	273,350	303,491
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 664,485	$ 661,894